DYERSVILLE AREA FOUNDATION FOR THE… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

DAVE SCHROEDER

Phone

5638757131

Tax Period

2024-01-01 to 2024-12-31

DYERSVILLE AREA FOUNDATION FOR THE FUTURE INC, founded in 1989, is a small nonprofit that reported $899K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

WE ARE COMMITTED TO IMPROVING THE QUALITY OF LIFE IN OUR REGION BY SERVING DONORS, MAKING GRANTS TO LOCAL NONPROFIT ORGANIZATIONS, AND PROVIDING COMMUNITY LEADERSHIP THROUGH CONVENING AND COLLABORATION.

Program Service Accomplishments

Program 1

Expenses: $714,981 Revenue: $785,662

THE KID'S PROJECT IS THE PRIMARY PROGRAM OF THE ORGANIZATION. THIS PROGRAM PROVIDED PRESCHOOL AND DAYCARE FOR 450 CHILDREN IN 2024.

Program 2

Expenses: $108,659 Revenue: $10,890

DYERSVILLE AREA FOUNDATION FOR THE FUTURE (DAFFI) GIVES OUT GRANTS FOR THE LONG-TERM BENEFIT OF THE DYERSVILLE AREA. 15 GRANTS WERE AWARDED IN TAX YEAR 2024.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $69,418

Program Service Revenue $795,178

Investment Income $28,317

Other Revenue $6,455

TOTAL REVENUE $899,368

Expense Breakdown

Grants Paid $75,370

Salaries & Benefits $606,537

Fundraising Expenses $0

Program Expenses $823,640

Other Expenses $212,287

TOTAL EXPENSES $894,194

Year-over-Year Comparison

	2024	2023	Change
Revenue	$899,368	$778,393	+0.2%
Expenses	$894,194	$718,073	+0.2%
Net Income	$5,174	$60,320	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$64,877

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARLA THOMPSON	SECRETARY	1.00	Officer Director	$0	$0	$0
MIKE ENGLISH	DIRECTOR	0.00	Director	$0	$0	$0
DAVE SCHROEDER	TREASURER	5.00	Officer Director	$0	$0	$0
MARY UNGS-SOGAARD	DIRECTOR	0.00	Director	$0	$0	$0
ELLIOT SALTER	DIRECTOR	0.00	Director	$0	$0	$0
LISA MAIERS	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
SHEILA TEGELER	PRESIDENT	5.00	Officer Director	$0	$0	$0
NANCY DUNKEL	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE KOELKER	DIRECTOR	0.00	Director	$0	$0	$0
JEFF SIMON	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE GROVER	EXECUTIVE DIRECTOR	15.00	Officer Director	$0	$0	$0
JEREMY OLBERDING	DIRECTOR	0.00	Director	$0	$0	$0
SHIRLEY OLBERDING	DIRECTOR	0.00	Director	$0	$0	$0
BARBARA MAIERS	TOP MANAGEMENT OFFICIAL	40.00	Officer	$64,877	$0	$64,877

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$899,368	$894,194	$862,740	$5,174
2023	$778,393	$718,073	$848,550	$60,320
2022	$703,508	$687,914	$769,293	$15,594
2021	$737,441	$636,913	$783,109	$100,528
2020	$699,275	$607,811	$680,099	$91,464
2019	$627,525	$595,724	$600,286	$31,801
2018	$576,380	$562,228	$568,460	$14,152

DYERSVILLE AREA FOUNDATION FOR THE FUTURE INC